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Randolph, MN

Full City Profile · Minnesota · Dakota County County

3.3 /5.0
B Good
465 Population 489/sq mi density
$101,786 Median Income $39,373 per capita
$268,800 Home Value $450,304 Zillow
$1,619 Median Rent 17.6% income on rent
46°F Avg Temperature 270 sunny days/yr
123 Violent Crime/100K 2,992 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$101,786 median income, 6.0% unemployment
A+
Affordability
5.0 / 5.0
$268,800 home value, $1,619/mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K
C+
Education
2.9 / 5.0
23.3% bachelor's degree or higher

Housing Overview

Median Home Value
$268,800
5% below
US avg: $281,900
Median Rent
$1,619/mo
39% above
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
202
Median year built: 1958

Home Value by Source

Census Median
$268,800
Zillow (ZHVI)
$450,304
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.8%
Owner-Occupied
20.2%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $1,619/mo

Affordability & Housing Stock

Rent Burden
17.6%
of renters spending 30%+ of income on housing
43% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
79.8%

Complete Housing Data

Home Values

Census Median Value$268,800
Zillow Home Value (ZHVI)$450,304

Rent

Census Median Rent$1,619
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Ownership & Stock

Owner-Occupied79.8%
Renter-Occupied20.2%
Homeownership Rate79.8%
Total Housing Units202
Median Year Built1958
Rent Burden17.6%